Calibr-Skaggs Institute for Innovative Medicines
Legal name: California Institute for BioMedical Research
Nonprofit profile at a glance
- EIN
- 453682796
- IRS 990 coverage
- 2012–2017
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2017
- Location
- La Jolla, CA, US
- Phone
- (858) 242-1000
- Rating
- 68
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Biological & Life Sciences
Reported finances
- Revenue
- $98,797,059
- Expenses
- $40,377,736
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2017. Amounts in USD.
Leadership & pay
30 people listed
Executive titles in this filing
- Peter G Schultz (CEO/President & Chair)
Highest reported compensation
- Peter G Schultz (CEO/President & Chair): $721,397 total reported compensation
- Jeffery Kelly Start 92818 (Board Member): $439,110 total reported compensation
- Matthew S Tremblay (COO,CALIBR/Secretary (End 3/28/18)): $389,305 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2017. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Calibr-Skaggs Institute for Innovative Medicines is a pioneering translational research institute dedicated to accelerating the next generation of medicines for critical unmet needs.
What it reported doing in 2017
Research grants and contracts are received from public and private institutions and are used to conduct biomedical research. In the current fiscal year, CALIBR conducted research through a private collaboration agreement on autoimmune and inflammatory diseases, cancer biology, cardiovascular metabolic diseases and neurobiology. In addition, it conducted research for the treatment of spinal muscular atrophy, juvenile diabetes, tb drug development, osteoarthritis, cryptosporidiosis and malaria.
Operating model
- Revenue model
- Earned-program. 64% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and the required major-donor schedule is missing or incomplete.
Rating breakdown
- Financial Efficiency: 49
- Transparency & Controls: 78
- Accountability: 94
- Sustainability: 48
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 35.8%; rating input score 36
- Program expense ratio: 87.7%; rating input score 88
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 67th percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Missing
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
- Major donor itemization: No; rating input score 0
- Related-party transparency: Limited
Accountability
- Independent voting board: 89.5%; rating input score 89; 42nd percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 59.1%; rating input score 98; 98th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 5.7%; rating input score 12; 12th percentile among comparable filings
Growth
- Program expense growth: 12.4% per year; rating input score 100; 85th percentile among comparable filings
- Revenue growth: 28% per year; rating input score 100; 96th percentile among comparable filings
- Asset growth: -0.4% per year; rating input score 0; 13th percentile among comparable filings
Details
- What they do: 6 programs and campaigns described on the official site · 2 operating locations identified
- Where the money goes: 35.8% of revenue deployed · 87.7% of spending went to programs
- Governance: 17 of 19 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $35.4M in reported program spending
- Leadership: top reported pay $721K · 30 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $2.8M reported
- Consistency: 30 of 30 current checks pass
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 6 filing years from 2012 to 2017
- Contacts: How to reach this organization
- Money network: 9 filed money-flow records
- Related organizations: 2 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 36/100.
- High — Transparency & Controls: Major donor itemization scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 0/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 12/100.